China this year placed a 25 per cent tariff on imports of soybeans from the United States. Photo: AP
Trade war truce: China’s Sinograin confirms US soybean purchase
- Statement follows last week’s report that Sinograin and fellow state-run Chinese firm Cofco had bought over 1.5 million tonnes of US soybeans
- First major purchases since China and United States agreed a temporary ceasefire in their trade row
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US-China trade war
China this year placed a 25 per cent tariff on imports of soybeans from the United States. Photo: AP